Reach December already paid for.
Christmas is the most predictable expensive month of the year, yet it still arrives like a surprise. GoalFlo turns it into one small daily number, so January starts without the debt.
Christmas is on the same date every year, and somehow it still lands on the credit card. January then becomes about paying off December instead of starting fresh.
Add up gifts, food, travel and any events, based on what you actually do, not a magazine average. Then divide by the months until December. That monthly figure, spread across the days, is small and painless. GoalFlo does the dividing for you.
1
Total your real Christmas
Gifts, food, travel and events. Set that as a goal with a December date.
2
Spread it across the year
GoalFlo turns it into a small daily number, so the cost barely registers month to month.
3
Arrive already paid
Reach December with the money set aside, and let January be a fresh start rather than a repayment plan.
How much should I save for Christmas?+
Add up gifts, food, travel and events based on what you actually do, then divide by the months until December. GoalFlo turns that into a small daily number so it is painless and ready in time.
What is a Christmas sinking fund?+
A sinking fund is money you set aside gradually for a known future cost. Christmas is the classic example. GoalFlo runs it as a goal with a December date, spreading the cost across the whole year.
When should I start saving for Christmas?+
The earlier you start, the smaller the daily number. Starting in January makes it almost invisible, but GoalFlo will calculate a realistic figure whenever you begin.